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Senate Pressured To Ratify 'Law Of The Sea'

For three decades the Law of the Sea treaty has been debated without ever being approved by the Senate. But proponents say the stakes have never been higher for ratifying the convention. The irony is that just about everyone — of all political stripes, from oil and gas companies, environmental groups, to the U.S. military — is on board with the treaty. Still, a small group of opponents has managed to stall its passage.
NPR

Obama Warns Syria Against Using Chemical Weapons

Amid reports that the Syrian government is moving their stockpiles of chemical weapons, American policymakers are growing increasingly alarmed. They're concerned that the fighting could enter a deadlier phase or the weapons could fall into the hands of terrorists. Defense Secretary Leon Panetta says the Syrian government will be held accountable for any use of the weapons. But officials are worried they have limited options to do anything to prevent it.
NPR

Syrian Rebels, Regime Forces In Cat-and-Mouse Fight

Much has been made about the rebel takeover of Syrian border towns in recent days. And while the rebels do control more territory than ever before, the fight for key points along the border is far from over. One town has changed hands multiple times — regime tanks move in and rebels respond with homemade bombs and rocket-propelled grenades. (This piece initially aired July 24, 2012, on Morning Edition.)
NPR

German Economy At Risk For Rescuing Neighbors

The financial situation in Europe quickly deteriorated on several fronts this week. Spain's borrowing costs are soaring and several regions of the country are on the verge of asking the central government for a bailout. Spain is also trying to prevent a collapse in its stock market by banning short selling. At the same time, the continent's strongest economy, Germany, was put on a negative outlook by Moody's because of the huge costs it would absorb rescuing its weaker European neighbors.
NPR

Whistle-Blower Law Unlikely To Help Italy's Migrants

Italy's government has passed a law that would grant work and residence permits to illegal migrants who report exploitive employers. But the economic crisis means the law is unlikely to be effective, as desperate migrants compete for limited work and the illegal economy grows.
NPR

NYT Excerpt: Offshore Banking In Belize

In his New York Times column, Adam Davidson describes setting up an offshore company — and discovering that it just takes a little money and less effort.

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